I was not at Axpona so I'll go back to the Florida show. For me, the best sound of the show was experienced in two "relatively" modest rooms.
The first room was Margules Audio which showed their tube electronics, turntable, house cables, and top-line Orpheus speakers - the estimated total cost for the system was under $50k.
The second was the Alex Sound room featuring: Blumenhofer Genuin speakers, a Takatsuki 300B integrated amplifier, and Sforzato digital streamer, DAC, and clock. All cables were from True Power. The estimated total system cost was under $100k.
The tone, dynamics, finesse, and sheer musicality of these systems were absolutely first-rate and at this show anyway more enjoyable for me than any of the high dollar systems!
This leaves me with these comments:
1. There is gold out there for those audiophiles seeking highly musical and approachable price systems - value in the high end does indeed live but one does have to seek it out!
2. Shows are far from the ideal place to make a decision on an expensive piece of gear. Doing so at a dealer, at a friend's place where you know the system, or best of all in your own home
3. IMHO, WBF exists to help define value, whether you are spending $1mm or $25k
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Disclosure: I do not represent the companies mentioned but was so impressed by them I may do so in the future